INVITE-ONLY SCRIPT

Fair Value Gap [PARALLEL INSIGHT]

83
📌 Indicator Name:
ACE – Fair Value Gap (FVG) Unfilled Zone Detector | For SMC Traders

🧠 What is a Fair Value Gap (FVG)?
A Fair Value Gap (FVG) is a price imbalance commonly referenced in Smart Money Concepts (SMC) trading. It represents a portion of price action where no transaction occurred, usually due to a rapid price movement, creating a "gap" between candles.

An FVG typically forms over three consecutive candles:

Candle 1 sets the initial high/low

Candle 2 makes an aggressive move (often breaking structure)

Candle 3 fails to retrace back into Candle 1’s range

The result: a "gap" between Candle 1’s low and Candle 3’s high (bullish), or Candle 1’s high and Candle 3’s low (bearish). This zone is seen as a footprint of unfilled institutional orders, often revisited later by price for rebalancing.

🔍 Indicator Features:
✅ Automatic detection of both FVG types:

Bullish FVG: Candle 1 Low > Candle 3 High

Bearish FVG: Candle 1 High < Candle 3 Low

✅ Only displays FVGs that are not yet filled, filtering noise and highlighting current actionable zones.

✅ Smart FVG status tracking:

Once price enters the FVG zone (low breaks for bullish, high breaks for bearish), it is marked as filled.

You can choose whether to keep showing filled zones (as faded gray), or hide them completely.

✅ Fully customizable:

Toggle Bullish/Bearish FVG visibility

Enable/disable fill coloring

Adjust how many zones to keep on screen

Set distinct styles for filled/unfilled FVGs

🎯 Who Is This For?
This indicator is ideal for:

Smart Money Concepts (SMC) traders

ICT-style traders who follow institutional footprints

Price action and structure-based traders

Anyone seeking precise entry zones and gap re-tests

📈 Suggested Usage Flow:
To maximize the power of this FVG tool, apply the following process:

Define higher-timeframe bias using 1D / 4H / 1H

Mark key Order Blocks (OBs), FVGs, Liquidity zones, and S/R

Drop to 15m/5m to find structure break + unfilled FVG + entry candle

Use Fibonacci + OTE zones and Risk:Reward ratio for confluence

⚠️ Notes:
Works across all timeframes

No repainting logic – all FVGs are based on confirmed candle closes

This version does not include extended logic for "inverse breaks" or higher-order market structure; reach out to the author for advanced builds

👨‍💻 Developed by:
Created by ACE | SMC Day Trader
🎥 YouTube: @ace-daytrade

If you're passionate about institutional logic, structural trading, and smart entries — follow the channel for more free pro-level tutorials.

免責聲明

這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。